Terra backers vote to revive luna cryptocurrency, abandon UST

The UST stablecoin plunged below its intended $1 peg in May, causing panic in the crypto market. Gabby Jones | Bloomberg | Getty Images Backers of Terra have approved a plan to revive the failed cryptocurrency venture — without the controversial stablecoin that helped trigger its stunning demise two weeks ago. “With overwhelming support, the Terra ecosystem has voted to pass Proposal 1623, calling for the genesis of a new blockchain and the preservation of our community,” Terra’s official Twitter account posted Wednesday. The proposal would lead to the creation…

Singapore venture firm launches $100M Web3 and metaverse fund

Crypto-focused venture firm NGC Ventures has launched a new ecosystem fund dedicated to Web3 projects, underscoring heightened investor demand for startups that are contributing to the development of a decentralized internet.  NGC Metaverse Ventures, the company’s third blockchain fund, raised $100 million from investors that included Babel Finance, Huobi Ventures, Nexo Ventures, Altonomy and GBIC. The fund will allocate capital towards “high-potential projects” in the Web3 economy, according to Roger Lim, NGC Ventures’ general partner. The Web3 fund has already invested in three startups, NGC disclosed on Wednesday. Based in…

Celestia Launches Testnet for First Modular Blockchain

The project – backed by venture firm NFX, Cosmos developer Zaki Manian and a handful of others – believes its tech could put an end to the “monolithic era” of layer 1 competition, providing a solution that is ultimately more sovereign and scalable for mass adoption, according to a press release. Source BlockchainCelestiaLaunchesModularTestnet CryptoX Portal

Crypto is changing how humanitarian agencies deliver aid and services – Cointelegraph Magazine

The primary use case for cryptocurrency in most wealthy countries is acquiring it and holding it, trading it, or using it in various other ways to make more money. In the developing world, where access to financial and banking systems is limited or nonexistent, innovative humanitarian organizations are piloting micro-blockchain ecosystems. In the summer of 2021, Hope for Haiti was ready to launch a cryptocurrency pilot program to provide 150 mothers with cellphones, digital wallets and payment cards that use near-field communication technology. Each mom participating in its community nutrition…

Is Bitcoin’s sorrow gamers’ joy?

The prices of graphics processing units (GPUs), also known as graphics cards, are undoubtedly still a far cry from the manufacturer’s suggested retail price (MSRP). However, they aren’t what they used to be either, especially considering what GPU prices looked like just a year ago. For instance, the price of a GPU from Nvidia GeForce RTX 30-series is 14% over its MSRP, according to reports from 3D Center. Whereas AMD’s Radeon RX 6000 is up 7% from its MSRP from April 17 and May 8. On the other hand, it…

Elon Musk ชะลอซื้อ​ Twitter, USDT, CoinBase กับ​ข่าว​ลือ​ที่​ต้อง​จับตา​📊

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io #Elon #USDT #CoinBase Elon 0:54 USDT 4:51 COINBASE 8:33 _______________________________ ลิงค์​สมัคร​ Kucoin​ ***คำเตือน​ : เนื้อ​หาและ​การ​นำ​เสนอ​ข้อมูล​ต่าง​ๆมี​จุด​มุ่งหมาย​เพื่อให้​ข่าวสาร​เกร็ด​ความรู้​และ​ความ​บันเทิง​เท่านั้น​ มิได้​มี​จุด​มุ่งหมาย​ใน​การ​แนะ​นำ​ ชักชวน​ หรือ​ให้​คำปรึกษา​ด้าน​การ​ลงทุน​ใดๆ​ทั้งสิ้น​ ขอบคุณ​ครับ​🙏 ***Disclaimer : This Video and its contents are for informational, public awareness and entertainment purposes only! I am NOT a Financial or Legal Expert. Thank you 🙏 คำเตือน!​ ระวัง​การ​แอบอ้าง​ช่อง​ DuuTorPai ใน​แพลตฟอร์ม​อื่น​ๆ​เพื่อ​ชวน​ลงทุน​ สมัคร​สมาชิก​ หรือ​ขาย​คอร์ส​ต่าง​ๆ​ เพื่อน​ๆ​ระวัง​ด้วย​ครับ​ ช่อง​นี้​มี​แพลตฟอร์ม​เดียว​คือ​ทาง​ยูทูป​ครับ​ผม​ 🙏 ▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Youtube version

CoinDesk Confidential: Jesse Johnson

The Proust Questionnaire – an old-style magazine format popular in the French novelist’s day – asks a series of personal, philosophical and prosaic questions that, in theory, present a side of a person not often seen. Here, Jesse Johnson, the founder behind Aavegotchi, a community-owned blockchain game, reveals something of his “true nature” and the crypto industry. Johnson is a speaker at CoinDesk’s Consensus festival this June. Learn more here. Source